Compare Today’s Refinance Rates for Springfield, Ohio 45506
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Springfield, Ohio 45506.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Springfield, Ohio 45506. For 30-year amortization refinancing, you can expect lifetime cash savings of $4,616 or $13 per month in Springfield and other parts of Clark county.
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Summary of Average Refinances in Springfield, Ohio 45506
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Springfield, Ohio 45506
Pureloan has developed an interactive chart to monitor the five largest local lenders in Springfield, OH 45506, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Springfield, Ohio 45506 from 2024 - 2016
The following historical data provides insights into refinancing trends in Springfield, Ohio and the surrounding Clark county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 65.22% | 53.38% | 47.24% | 40.38% | 53.16% | 51.24% | 47.89% | 37.78% | 44.79% |
avg refi rate | 6.71% | 3.92% | 2.98% | 3.21% | 4.15% | 4.53% | 3.97% | 3.69% | 3.97% |
% 15 year fixed refinance | 26.09% | 34.59% | 32.61% | 37.76% | 32.03% | 34.33% | 34.04% | 40.86% | 39.32% |
avg refi rate | 6.29% | 2.99% | 2.45% | 2.69% | 3.48% | 3.84% | 3.17% | 2.90% | 3.08% |
Avg credit score | 744.04 | 743.12 | 758.62 | 759.15 | 755.07 | 750.34 | 751.98 | 754.14 | 754.89 |
Avg LTV (loan to value) | 68.13% | 63.47% | 66.10% | 69.24% | 70.07% | 67.00% | 71.84% | 70.29% | 72.24% |
Avg DTI (debt to income) | 34.70 | 30.21 | 29.60 | 28.83 | 29.23 | 31.47 | 29.61 | 29.41 | 29.95 |
Avg refinance insurance % | 6.52% | 1.95% | 2.12% | 3.00% | 4.68% | 3.81% | 4.54% | 3.73% | 3.77% |
Best Refinance Brokers around Springfield, Ohio 45506
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Springfield, Ohio 45506, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Cari Roeder
Mortgage Loan Officer
333 N Limestone St Ste 202
Springfield, OH 45506
(937) 323-5172
cari.roeder@pncmortgage.com
Mary Mann
Mortgage Loan Officer
333 N Limestone St Ste 202
Springfield, OH 45506
(937) 323-5228
mary.mann@pncmortgage.com
Address
333 N Limestone St Ste 202
Springfield, OH
Contact
(937) 323-5172
Fax (301) 639-0804
cari.roeder@pncmortgage.com
Address
333 N Limestone St Ste 202
Springfield, OH
Contact
(937) 323-5228
Fax (301) 639-0804
mary.mann@pncmortgage.com